Shares in troubled Bath publisher Future fell this week after it admitted its major restructuring and job cuts would not turn around its finances until at least its next financial year. In an interim management statement released to the London Stock Exchange, it said it was making “good progress” with its transformation programme, which...
Supply chain specialist Wincanton has admitted that many of its existing and potential customers are still keeping a tight rein on costs despite the economic recovery. The Chippenham logistics group, which operates warehouses and distribution networks for major clients, has won a raft of contracts or extended previous agreements and, as a result, is...
Zynstra, the Bath-based cloud pioneer, has received funding worth $8.4m (£4.9m) to continue its growth, invest in further innovative products and enter the North American market. The funding takes investment at the firm, based at Bath’s SETsquared innovation hub – which is supported by the University of Bath – to just over $12.5m (£7.3m)...
Monday 14 July Interim: SThree Final: Conviviality Retail AGMs: Aveva, Oxford Advanced Surfaces Tuesday 15 July Trading statements: Bwin.party digital entertainment, Carrs Milling Industries, Dragon Oil, ITE, Michael Page International AGMs: API, Blinkx, Dairy Crest, Sorbic International, Telecom Plus, Vianet EGM: Future Economics: Consumer price index, Retail price index, Producer prices, ONS house prices...
Construction group Beard has been named as the West of England’s top company in the prestigious Business of the Year awards. The Swindon-based firm, which has recently completed a number of major projects in Bath, beat five other finalists to claim the prestigious title in the annual awards sponsored by international accountants PwC. Beard...
Specialist adhesives firm ALH Systems has been sold to expanding Swedish industrial giant Indutrade. ALH, based at Westbury, has annual sales of £6m and employs 37 staff. It supplies formulated polyurethane and epoxy encapsulants, adhesives, sealants and potting compounds to the gas, construction and electronics sectors. ALH will become part of Indutrade’s Special Products...
Bath law firm Withy King’s intellectual property and technology expert Jessica Bent has been selected to join the judging panel of a new Dragons’ Den-style competition aimed at aspiring female engineers in the South West. Jessica, pictured, a partner with the firm, will help judge the entries to the Women with Bright Ideas competition,...
Nineteen staff from accountants Old Mill are cycling between the firm’s five offices today and tomorrow to raise money for Somerset charity School in a Bag. Having set out from the Melksham office this morning, they have cycled to the Wells office and then on to the Yeovil – a trip of around 62...
Bath-based award-winning landscape architecture firm Grant Associates has been appointed to design the public realm for the £70m leisure-led regeneration scheme Watermark WestQuay in Southampton. Inspired by tidal mudflats, the strata in which Southampton was first built, Grant Associates’ landscape design will have four key components: a plaza bringing a new open space for...
Former Office of Fair Trading and Oftel director general Sir Bryan Carsberg has joined fast-growing Bath-based tech firm Actual Experience as a non-executive director. Sir Bryan, one of the leading figures in the UK communications industry, has held board positions with Cable & Wireless, Inmarsat and RM. He has been instrumental in introducing competition...
